Learn What Obama's Student Loan Plan Means for You

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my problem is that I have a parent plus loan, no income other than social security, have been put on income based payments, and I can't afford that either. please help.

francine berliner of TN 9:26PM May 23, 2013

It is atrocious that the oldest, non-performing debt gets short shrift in this- Loans for educations that never resulted in upward mobility, the ones that are already nearing 20 years old, the ones people's Social Security will be garnished for. How distressing.

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Robobl04 of NH 12:35AM April 01, 2013

I heard that there is a company that will pay your student loans off, clearing your status student loan status. Then, you will pay them back with a lower interest rate and that is part of President Obama's Plan. Does any one know if this is true?

B. Pryior of IL 1:05PM November 26, 2012

I don't know what to do. Grew up in poverty, in and out of foster homes and chose to make it. I married a man in medical profession and the urgency for me to finish school was important. I did not qualify for school to be paid for due to his income. I took loans out because he was to pay it off after I graduated. We divorced and now, I owe $86,000. To add to the horror, I was unemployed for 4 1/2 years and have just been able to find a teaching position this year. It is very overwhelming for me to think that I owe so much and the idea that because I went to school, I will pay for it for the rest of my life and on top of it, never own a house. Any advice about this? I thank you.

Sandra Sanders of AZ 8:12PM November 22, 2012

It's unfortunately Salle Mae doesn't share this information. I receive several annoying calls from Sallie Me daily. I feel I need to call the police and say I'm being harrassed.

I had no idea of these problems.

Sharon of OH 9:07AM November 15, 2012

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Student Loan Ranger

Equal Justice Works® is a national nonprofit organization working to provide public interest opportunities for law students and lawyers and to reduce the financial barriers preventing many from pursuing and remaining in public service careers. It advocates for legislation to reduce the educational debt burden for all students and professionals and provides detailed information on educational debt relief programs to prospective and current students, graduates, schools, and employers. The organization's E-book, Take Control of Your Future: A Guide to Managing Your Student Debt, offers information and guidance ranging from borrowing to repayment and relief programs such as Public Service Loan Forgiveness and Income-Based Repayment. Got a question? E-mail studentloanranger@usnews.com.

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